|Bid||173.31 x 800|
|Ask||173.32 x 900|
|Day's Range||168.66 - 175.18|
|52 Week Range||124.40 - 175.18|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||11.21|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||5.24 (3.12%)|
|1y Target Est||167.05|
United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfolio of disparate assets. Volkswagen announced in May that it is exploring a sale or partnership for its MAN Energy Solutions as part of a restructuring of the German cars, trucks and bus empire. VW has held talks with Cummins, and received an offer from the U.S. company for MAN Energy Solutions, the sources said.
PACCAR's (PCAR) Q2 results to reflect positive impact of retail sales for Class 8 trucks and robust economy. However, higher commodity prices and tough competition are headwinds.
Harley-Davidson's (HOG) Q2 results to reflect gains from new riders across the globe. However, tariff increments and global pressure are headwinds.
Cummins Inc NYSE:CMIView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CMI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CMI. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding CMI are favorable, with net inflows of $8.69 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CMI credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Fleet Complete® will offer Cummins Connected Diagnostics™ to customers using Cummins engines to benefit from detailed reporting on faults as soon as they occur, saving time and money at a mechanic's shop. TORONTO, July 16, 2019 /PRNewswire/ - Fleet Complete, a global leader in the connected commercial vehicle space, announced today its collaboration with Cummins Inc. (CMI), a global power leader. The Cummins Connected Diagnostics application is a value-added monitoring solution to customers using the Fleet Complete IoT platform, who have Cummins engines in their vehicles.
Solid execution of sales initiatives, sound fundamentals for the aftermarket and favorable weather conditions are projected to aid Genuine Parts (GPC) in Q2 earnings.
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Cummins Inc. (NYSE: CMI) announced that its board of directors has approved a 15 percent increase to its normal quarterly cash dividend. "We have raised our quarterly dividend in each of the last 10 years, resulting in a 649 percent increase since 2009. The consistent increase in our dividend, through economic cycles, reflects confidence in our long-term performance and reinforces our commitment to delivering strong returns to shareholders," said Tom Linebarger, Chairman and Chief Executive Officer.
(PNC) a large regional bank based in Pittsburgh, on Tuesday declared a quarterly dividend of $1.15 a share, up from 95 cents, for a 21% boost. The bank said on June 27 that the Federal Reserve had no objections to its capital plan, which included the dividend increase and share buybacks, over the next 12 months. Tuesday’s announcement made the dividend increase official.
The Board of Directors of Cummins Inc. (CMI) today approved an increase in the company's quarterly cash dividend on common stock of 15 percent to 1.311 dollars per share from 1.14 dollars per share. The dividend is payable on September 3, 2019, to shareholders of record on August 21, 2019. "We have raised our quarterly dividend in each of the last ten years, resulting in a 649 percent increase since 2009,” said Tom Linebarger, Chairman and Chief Executive Officer.
Loop Capital Markets analyst Jeff Kauffman cut his ratings on several logistics companies because of weak demand for road and rail services.
Adomani (NASDAQ: ADOM ) said Wednesday orders placed in April exceeding $6.4 million were canceled by Blue Bird due to Adomani's supplier Cummins (NYSE: CMI ) inability to meet delivery schedules. Adomani ...
Strong performance in North America, higher truck production and rising sales of construction equipment drive Cummins' (CMI) shares.